We are here to help to rent your property for you, as part of this process, we feel its right to advise you at this time, that there are legal regulations that have to be met before the property can be let.
If you are renting to a family, the key ones are:
- There must be a valid EPC (energy performance certificate ; with your property rated between A-E. Leyland Leases can offer this service.
- There must be a valid EIRC, electrical installation condition report by a qualified electrician.
- A valid gas safety certificate for any appliances within your property.
- Property must be fit for human habitation and in a good state of repair.
- Smoke alarms should be fitted on every floor of the property with CO2 alarms in every room with a fuel burning appliance
- If your property is a HMO, there are other mandatory requirements, which we are happy to go through in more detail with you.
Non UK Resident Landlords
If a Landlord is considered by the Inland Revenue to be non-resident in the UK for taxation purposes, we are legally obliged to withhold tax from the net rental income at the basic rate of income tax, and to pay this tax quarterly to the Inland Revenue, unless an approval certificate is provided to us. A Landlord can apply to the Inland Revenue for an approval certificate in order for us to pay the rent with no tax deducted – application forms are available from us on request. Please note that approval certificates are required by any named landlords on the Tenancy Agreement, when living abroad. Further information can be obtained from the Inland Revenue.